About the Episode: 

• In this episode, we’re discussing the benefits and power of automation.
• In our Current Money Events segment, we’re sharing ten things you could do to help your finances in the last 46 days of the year.
• Our success story comes from Ann, who shares how she had a conversation about money with her son that changed how he managed his finances.  

Resources:
BOOK: 20/20 MONEY: Gaining Clarity for Your Financial Future
IWBNIN Ladder
Financial Tools
0% Balance Transfer Credit Cards
TOOL: Annual Budget
BLOG: 529 Plans
Online Banks
Investment Value Calculator 

Related Monday Money Tip Podcast Episodes:
Episode 70: The Power of Planning
Episode 114: Understanding Opportunity Cost
Episode 118: We Paid Off Our House in 9 Years - Success Story 

10 Things You Could Do Now

1. Refinance your home to take advantage of historically low rates
2. Roll a high-interest credit card balance to a 0% Balance Transfer Credit Card
3. Prepare a budget for December and follow it!
4. Prepare a Christmas budget to ensure you don’t incur any debt.
5. Call your cable/internet company and ask for a discount.
6. Sell some stuff and pay off a debt.
7. Prepare a monthly budget for all of 2021 - just to get a vision of “what could be” if you follow through on your financial decisions.
8. Adjust contributions to your retirement account (401k, 403b, 457, TSP, IRA, Roth IRA, etc.)
9. Plan a quick trip with your family
10. Adjust contributions to your kid’s (grandkid’s) 529 college savings plans

Email [email protected] to ask questions or share success stories.